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Back 606/243 Franklin Street
Off Market

606/243 Franklin Street

Melbourne VIC 3000

1
1
Apartment
Last sold for $255,000
Tina ChauhanTina Chauhan, last sold this property on 23 August 2026 after 31 days on market.

Overview

Stylish CBD Apartment with New Carpets & Optional Fully Furnished Package

Private inspections available by appointment. Contact Tina Chauhan on 0481 048 011. Positioned in the heart of Melbourne's vibrant CBD, this contemporary one-bedroom apartment presents an exceptional opportunity for first home buyers, investors and city professionals alike. With an estimated rental potential of approximately $505 per week, it offers an attractive investment opportunity in one of Melbourne's strongest rental markets. Brand new carpets have been installed in the living area following the tenant's departure, the apartment is refreshed and ready for its next owner. For added convenience, all furniture and appliances can be included in the sale, offering a genuine turnkey opportunity—simply move in or lease out immediately. Designed for effortless city living, the apartment features a light-filled open-plan layout that maximises space and natural light. The contemporary kitchen is fitted with quality appliances and ample storage, while the generous bedroom includes built-in robes and is serviced by a stylish central bathroom. Located in one of Melbourne's most connected precincts, you'll enjoy easy access to cafés, restaurants, shopping, entertainment and some of the city's leading universities, all within walking distance. Apartment Features - Spacious one-bedroom floorplan - Brand new carpets installed in the living area - Bright open-plan living and dining area - Contemporary kitchen with quality appliances - Generous bedroom with built-in robes - Stylish central bathroom - European laundry - Split-system heating and cooling - Secure building with lift access - Optional fully furnished package, including furniture and appliances, available with the apartment - Outstanding CBD Lifestyle Enjoy the very best of Melbourne with everything at your doorstep, including: - Queen Victoria Market - Melbourne Central Shopping Centre - RMIT University - The University of Melbourne - Flagstaff Gardens - State Library Victoria - Bourke Street Mall - Melbourne's renowned cafés, restaurants and laneway dining - Free Tram Zone and Melbourne Central Station Whether you're looking for a stylish city residence, a ready-to-go investment or a low-maintenance Melbourne base, this apartment offers outstanding convenience, flexibility and value in one of the city's most sought-after locations. Private inspections available by appointment. Contact Tina Chauhan on 0481 048 011.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 606/243 Franklin Street is $350k.

Median value
$350k
Estimated value range
$39k - $935k
Median days on market
35
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 606/243 Franklin Street

2026
Sold
$255,000
23 Aug 2026 by Tina Chauhan, of Amity Property Group
2025
Rented
Undisclosed
Leased on 05 May 2025 by Amity Property Group
2023
Rented
Undisclosed
Leased on 02 May 2023 by Ray White Southbank | Melbourne City

Happy sellers in Melbourne

85%
85% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 130 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 583 one-bedroom apartments similar to 606/243 Franklin Street, have been sold.

This represents a 21% increase in one-bedroom apartments sales when compared to the previous 12 months.

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Philip Middlemiss

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Catherine Sheo

Catherine Sheo is a recommended agent for Melbourne.  They have 12 local sales and collected 9 local reviews across the last 12 months.

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